I think that would be nigh on impossible to buy a condo without her knowing about it. Besides the fact I am not a rich man she's my wife, she knows things.
I know what you're saying about there being better countries to invest in with a foreign property but but I don't really see it being feasible to buy one anywhere other than Thailand. As long as the wife and I stay together I'm always going to have an affinity with Thailand so it makes sense to have somewhere over there we can live in, so as to save money on future holidays. While I'm not in Thailand I'll be able to rent it too and although it won't bring in much, it's still money I could save up.
As I said above, I intend on using it a lot so I feel it is a wise thing to do. I agree with abiding by the laws too - I would definitely declare that I am married because we have been for a while now and she has my family name too. I wouldn't want to risk any complications in the future just because I had been "disrespectful" to Thai law. If we split up I'd want her to have half of it anyway as I wouldn't want to see her leave with nothing. Mind you, I suppose that's down to exactly how we were to split!
Too late for that. Five years next year.
You don't have to buy a brand new one, there are hundreds on the market at any one time and prices start at around a million baht for a basic thirty to forty square metre unit.
That's the sort of advice I was looking for when I started the thread. Thanks for that Gary, definitely something to consider if I go ahead with it. How much would the charges for maintenance of the building and gardens cost, roughly speaking?
So is paying less than a million baht for a condo a good thing to do or not? What you're saying is rather contradictory because the guy you know seems to be doing okay.
Something to consider because I have met him too, he's an affable person.
I know what you're saying, if I brought one and we were to split up I'm sure it would be a nightmare getting back half the money even if the split was amicable, I'd probably be better off writing it off. In the last week or so we have been talking and we're not sure what we want to do now, we're so irresolute about it. I'm starting to think I might be better off investing in a property in England.